On the same day FTX’s new chief executive said he had never seen such utter chaos at a bankrupt company, lawyers for the firm accused founder Sam Bankman-Fried of supporting efforts to undermine the process.
In a legal filing seeking to combine all bankruptcy proceedings to one process in federal court in Delaware, lawyers for the company said a dueling bankruptcy filed in New York by administrators in the Bahamas seeking to seize control of some assets was adding to the turmoil surrounding FTX. Thursday’s filing argued that comments Bankman-Fried made to a reporter the day before, in which he said his goal was to “win a jurisdictional battle with Delaware,” suggested he was pushing for Bahamian officials to at least partially take control of efforts to unwind the company.
The filing also said the company’s bankruptcy administrators had “credible evidence” that officials in the Bahamas had attempted to access FTX’s systems after the Chapter 11 filing, “for the purpose of obtaining digital assets of the debtors.”
Undermine ? It’s called scam bankruns fraud.